Gvc Share Discussion Threads

[investmentguru] 15/2/2017 13:48

WMH have some nice online assets that would be worth picking up, including UK, Spain, Italy and Australia businesses. As Festario says, the name also is worth having.

[mylands] 15/2/2017 13:46

The big online asset WMH was after, and got, when SBT was split between them and GVC was Australia. They also agreed a 12 month call option on the Spanish online business that allowed GVC to run the business, but they then exercised the option to take it over.

So, there are at least two areas that I would have thought GVC would want in any split of WMH.

[catswhiskas] 15/2/2017 13:05

Yeah agreed and it does make profits to the tune of £260 million what profits does gvc make ?
Wmh share price is getting hammered due to the fobt problem however Imo nothing will happen to effect the profits they make too much money for no 11 and without taxes will have to go up from elsewhere

[mnomis] 15/2/2017 13:05

Srpactive, your transaction analysis makes sense to me; timing less certain.

[festario] 15/2/2017 12:52

There is much value in the William Hill brand name.

[cheshiremoggie] 15/2/2017 12:52

Ok - a little research came up with online as 35% of revenue in 2015 for WMH.
WMH might be a good candidate as long as its broken up.

It still looks like KA has looked at WMH and not liked what he saw.

CM.

[cheshiremoggie] 15/2/2017 12:47

Hi srp.

My question would be - if you strip out the retail shops - What is left?
How much of WMHs business is Online and how much bricks and mortar?

I haven't done the research but I suspect - without retail there is very little left.
Why buy/merge with WMH when without the retail shops the company is nearly worthless?

GVC could bid for the online portion if WMH is broken up but only KA and team could determine if that is worthwhile and - judging by the recent talks, KA has looked at WMH and said

"you have nothing to offer me or GVC".


Your idea of private equity and GVC teaming up could work but you would have to find a private equity firm willing to take the chance on the ex parrot squawking one last time. I'm not sure you will find one....

Please be aware that, as my wife tells me, I am always wrong.

CM.

[festario] 15/2/2017 12:24

It was me Mylands, but I'm bored of it now.

[mylands] 15/2/2017 12:00

Who was it who posted recently that we needed a period of no movement in the share price to consolidate the recent gains? Well,they seem to have got their wish with the share price hovering around the 700p mark.

I've been topping up with the div funds when the price dips below 700p. Looks like others have the same idea.

[srpactive] 15/2/2017 11:59

cm

As we have discussed before, the only way forward
for wmh, is for gvc and private equity to bid together
for wmh. Gvc take the online, private equity the shops.

Then all win, gvc have the online, pe have cash cow and
wmh have KA running all.

What do you think of that scenario?

dyor

regards

active

[cheshiremoggie] 15/2/2017 11:53

As far as I can see William Hill has very little that GVC would want and William Hill would be desperate to have what GVC have.

In gambling terms bricks and mortar is a dead duck - deceased. An ex parrot.

William Hill is therefore basically the same with just a long slow decline to come weighed down by over 2000 slowly rotting parrots.

CM.

[eddyeagle1979] 15/2/2017 09:55

Gets a mention here:

[brownie69] 15/2/2017 09:19

New HSBC note out today. Negative on bricks and motar bookies, thus could there be some switching to GVC?


By James Cone
(Bloomberg) -- William Hill and Ladbrokes Coral cut to
reduce from hold, Paddy Power Betfair to hold from buy at HSBC
today in note on U.K. bookmakers.

* HSBC sees potential customer slowdown and increasingly
regulatory risks for sector, with longer-term concerns
“large and not fully in valuations”
* Says a slowdown by no means certain, but in bear case
could see ~10% decline in retail revenue and Ebitda
downgrades of 20%-30%
* Also notes strong online competition, toughening of
regulation and higher taxes and levies
* U.K. investigation into fixed odds betting terminals due
April/May, sees shares “implicitly221; building in cut to
GBP10-20 maximum limit from current GBP50 soft threshold
* NOTE Feb. 12: Biggest William Hill Investor Urges Sale,
Sunday Times Reports
* NOTE Jan. 31: Ladbrokes Coral Drops as MPs Set to Call for
Terminal Limits

[cheshiremoggie] 14/2/2017 13:11

Thats what my wife always says while still managing to look slightly disappointed...

[trentendboy] 14/2/2017 13:08

hxxp://calvinayre.com/2017/02/14/business/australians-2016-top-gambling-losers/

Interesting to see where the big gamblers are are where GVC operate

[woodhawk] 14/2/2017 10:59

It's not how big it is, it's what you do with it...

[mnomis] 14/2/2017 10:57

Happily received mine too - thanks for making me feel inadequate about the size of it though Andy ;)

[nurdin] 14/2/2017 10:47

Some of my divi proceeds will go towards flowers, chocolates and a bit more for my other half.Cmon guys thats what GVC intended us to do ! :o)

[festario] 14/2/2017 10:44

All hail The Investment Guru!

[andyj56] 14/2/2017 10:39

Many thanks again to InvestmentGuru and Festario for that excellent advice 6 years ago!

[mylands] 14/2/2017 10:37

Dividend fully received but not fully re-invested as the other half needs house keeping which she claims has been withheld whilst the div pause has been in effect!

Great to have the div flow re-instated.

Good to see the trades going through that are quite clearly shareholders re-investing their dividends, even at 700p.

[investmentguru] 14/2/2017 10:34

This Div has been an awfully long time coming! Looking forward to the regular resumption of dividends.

[shayadfn] 14/2/2017 10:33

Got my divi as well, earlier than expected

[festario] 14/2/2017 10:07

Dividend received and fully reinvested.